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<Research>Citi Keeps Buy on Baidu (BIDU.US) for Clear Full-Stack Tech Capabilities
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BIDU-SW (09888.HK) held the Ernie Moment Conference in Shanghai yesterday (22nd), where it launched the official version of Ernie 5.0, according to a Citi research report. Ernie 5.0 features a total of 2.4 trillion parameters and adopts native full-modal unified modeling technology, capable of full-modal understanding and generation. Supporting the input and output of text, images, audio, and video, this large model is expected to achieve more effective deep integration and collaborative optimization of multimodal data at the underlying level. Citi highlighted BIDU-SW's demonstration of its full-stack technology capabilities in chips, cloud, models, and intelligent agents. With Kunlunxin, cloud infrastructure, the Ernie family, and the agent platform on Qianfan, BIDU-SW has formed a high-performance proprietary AI infrastructure. Baidu (BIDU.US)'s rating has been kept as Buy by Citi, with a target price of USD186. AAStocks Financial News |
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